Common use of Timing of Notification of Benefit Denial – Appeal Denial Clause in Contracts

Timing of Notification of Benefit Denial – Appeal Denial. The Bank shall notify the Claimant not later than forty-five (45) days after receipt of the Claimant’s request for review by the Bank, unless the Bank determines that special circumstances require an extension of time for processing the claim. If the Bank determines that an extension is required, written notice of such shall be furnished to the Claimant prior to the termination of the initial forty-five (45) day period, and such extension shall not exceed forty-five (45) days. The Bank shall indicate the special circumstances requiring an extension of time and the date by which the Bank expects to render the determination on review.

Appears in 4 contracts

Samples: Executive Supplemental Retirement Income Agreement (United Community Bancorp), Salary Continuation Agreement (HCSB Financial Corp), Executive Supplemental Retirement Income Agreement (Chicopee Bancorp, Inc.)

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Timing of Notification of Benefit Denial – Appeal Denial. The Bank shall notify the Claimant claimant not later than forty-five (45) 45 days after receipt of the Claimant’s claimant's request for review by the BankAgreement, unless the Bank determines that special circumstances require an extension of time for processing the claim. If the Bank determines that an extension is required, written notice of such shall be furnished to the Claimant claimant prior to the termination of the initial forty45-five (45) day period, and such extension shall not exceed forty-five (45) 45 days. The Bank shall indicate the special circumstances requiring an extension of time and the date by which the Bank Agreement expects to render the determination on review.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Dutchfork Bancshares Inc), Split Dollar Agreement (Dutchfork Bancshares Inc), Salary Continuation Agreement (Dutchfork Bancshares Inc)

Timing of Notification of Benefit Denial – Appeal Denial. The Bank shall notify the Claimant not later than forty-five (45) 45 days after receipt of the Claimant’s request for review by the Bank, unless the Bank determines that special circumstances require an extension of time for processing the claim. If the Bank determines that an extension is required, written notice of such shall be furnished to the Claimant prior to the termination of the initial forty45-five (45) day period, and such extension shall not exceed forty-five (45) 45 days. The Bank shall indicate the special circumstances requiring an extension of time and the date by which the Bank expects to render the determination on review.

Appears in 2 contracts

Samples: Salary Continuation Agreement (First Community Corp /Sc/), Supplemental Employee Retirement Agreement (State Bancorp Inc)

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Timing of Notification of Benefit Denial – Appeal Denial. The Bank shall notify the Claimant not later than forty-five (45) days after receipt of the Claimant’s 's request for review by the Bank, unless the Bank determines that special circumstances require an extension of time for processing the claim. If the Bank determines that an extension is required, written notice of such shall be furnished to the Claimant prior to the termination of the initial forty-five (45) day period, and such extension shall not exceed forty-five (45) days. The Bank shall indicate the special circumstances requiring an extension of time and the date by which the Bank expects to render the determination on review.

Appears in 1 contract

Samples: Salary Continuation Agreement (Dimeco Inc)

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